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ST. LOUIS, Nov. 20 /PRNewswire-USNewswire/ — Some of the Midwest’s top banking executives spoke out Wednesday, Nov. 19 about the country’s economic crisis, the proposed federal bailout of Detroit automakers and the strength of their own industry. The special panel discussion - “Can The Economy Be Saved?” - was hosted by the […]

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WASHINGTON, Nov. 20 /PRNewswire-USNewswire/ — Speaker
Nancy Pelosi released the following statement this evening upon the Senate’s passage today of legislation extending unemployment insurance benefits for seven weeks and for 13 additional weeks in states with unemployment rates above 6 percent. The bill now goes to President Bush, who is expected to sign […]

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Transco Station 65 to Open in December

TORONTO and CALGARY, Nov. 20 /PRNewswire-FirstCall/ - Natural Gas Exchange Inc. (NGX), a wholly owned subsidiary of TMX Group Inc. (TMX Group), announced today its plan to offer physical clearing services at its tenth U.S. hub - Transco’s Station 65 - in mid December 2008.
“Despite extraordinary […]

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NEW YORK (AP) - The country’s largest trade publisher, Random House Inc., has frozen the pensions of its current employees and eliminated them for future hires, the latest cuts in an industry hit by declining sales and anticipating, at best, a difficult 2009.
“Effective Dec. 31, benefits in the Random House, Inc. Pension […]

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NEW YORK (AP) - The Associated Press will trim 10 percent of its work force over the next year as a cut in fees paid by member newspapers and a declining economy take their toll, Chief Executive Tom Curley said Thursday.
The staff reduction will amount to a loss of more than 400 […]

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LOS ANGELES (AP) - Despite an increasingly uncertain economy, homebuyers in California kept snatching up foreclosed homes last month, dragging down the median home price by 34 percent from a year ago, a real estate tracking firm said Thursday.
The statewide median home price plunged to $278,000 in October, compared with $424,000 in […]

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(AP) - The number of new and resale homes sold in October and median prices, with annual percentage changes, in selected California counties:
COUNTY Units Sold Percent Change Median […]

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OXNARD, Calif., Nov. 20 /PRNewswire/ — A new study finds that for every dollar spent at the Boys & Girls Clubs of Greater Oxnard and Port Hueneme, four dollars are saved. “The Economic Impact of the Boys & Girls Clubs of Greater Oxnard and Port Hueneme on the Community: A Study of […]

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CHICAGO (AP) - Planes began taking off from new multimillion-dollar runways at three U.S. airports on Thursday with aviation officials heralding the increased capacity as crucial to reducing delays, even in the face of a slumping economy and a projected decline in domestic flights this winter.
More than $450 million was spent on […]

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NEW YORK (AP) - After pushing steep discounts throughout November that are usually reserved for the day after Thanksgiving, retailers from Kohl’s to Toys “R” Us are offering even bigger cuts and promotions for Black Friday in a frantic bid to pull in shoppers.
But the bargain hunters showing up for the early […]